Tag: President Donald Trump

President-elect Donald Trump's tough talk on trade appears to be paying off even before he formally takes office. In the days since the results of Tuesday's election, two-thirds of North American Free Trade Agreement trading bloc have already expressed interest in starting talks to renegotiate the landmark accord. During the campaign season, then candidate Trump made rewriting or withdrawing from NAFTA a pillar of his economic policy. Trump has minced no words in describing the agreement as a job killer and cause for wage stagnation in the U.S, as companies fled south seeking cheaper labor costs. Just this week, Canadian Prime Minister Justin Trudeau, a staunch proponent of trade, announced his willingness to head back to the negotiating table, acknowledging that over time trade deals must be given another look to…

According to InternationalLiving.com, there has been a 160% surge in online searches for terms like "move overseas" and "expats overseas" post Trump election victory this week. In the wake of the presidential election results, the trend already underway of retirees going overseas for better-value living, more affordable healthcare, and warmer weather appears to be poised to accelerate. Already the Social Security Administration sends 660,528 payments overseas...and anecdotally, according to the editors of International Living, the number of U.S. retirees receiving Social Security benefits abroad is likely higher than that, as many simply continue to bank in the States while living outside the country. While Canada seems to top the list of target destinations for many potential escapees--in fact, that nation's immigration website reportedly crashed on election night -- International Living…

The election is over, TRUMP WINS, So joking aside Americans say that they’ll would flee to Canada if Trump won the election. Well he did nothing against our northerly neighbor, but should we be looking to move instead to Mexico. Beyond the incredible beaches, mezcal and tacos, the country has a lot going for it. These are 7 reasons why I’d rather move to Mexico than Canada. 1. Jobs Mexico’s economy is more dynamic and is growing faster than most people think. The country’s unemployment rate is 4% — lower than that of Canada (6.8%) and the United States (4.8%). The middle class has grown dramatically in the past 15 years and is expected to add another 3.8 million households by 2030. In Mexico’s emerging tech hub, Guadalajara, you’ll find there is a pool of…

THE DRAMATIC election of Donald Trump as US President has already sent shockwaves through global financial markets. The value of the dollar has fallen against safe haven currencies such as the yen but strengthened against the Mexican peso. As the financial markets react to his election, here is a look at what his presidency could mean for the global economy. What does Donald Trump’s victory mean for the markets? David Cheetham, market analyst at at XTB, said: “The news has reverberated around the globe and financial markets with large declines seen in stock markets and safe haven assets such as gold rallying. “The outcome of this contest has seemingly caught the markets off guard in a repeat of the Brexit vote with forecasters and reputable pollsters wide of the mark…